February 15, 2025
 

Daily News Feed
 
In This Issue: Bringing Data Home From the Ends of the Earth | Eutelsat Logs $560M Impairment on GEO Assets in First Half of 2024-25 | Space Force Contracts Firefly Aerospace for $22M Tactically Responsive VICTUS SOL Mission | ETL Systems Acquires IRT Technologies, Continuing to Expand Satcom Portfolio | K2 Space Raises $110M in Series B Funding |
TOP STORY

Bringing Data Home From the Ends of the Earth
In an August 2024 podcast interview, the past and present President of the United States said that “when these poor fools talk about global warming,……[continued]
Finance
Eutelsat Logs $560M Impairment on GEO Assets in First Half of 2024-25
Eutelsat’s total revenue grew by nearly 6% in the first half of its 2024-25 fiscal year with growth in Connectivity, but the operator also took……[continued]
Government/Military
Space Force Contracts Firefly Aerospace for $22M Tactically Responsive VICTUS SOL Mission
Firefly Aerospace will support another U.S. Space Force Tactically Responsive Space (TacRS) mission under a new Space Force contract valued at $21.81 million. The Space……[continued]
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Finance
ETL Systems Acquires IRT Technologies, Continuing to Expand Satcom Portfolio
ETL Systems acquired IRT Technologies, a Canadian company specializing in satellite communication products, ETL Systems announced Feb. 14. IRT Technologies has over 14 years of……[continued]
Finance
K2 Space Raises $110M in Series B Funding
K2 Space announced a $110 million Series B funding round to scale up production of its multi-orbit, high-power satellite platform on Feb. 13. The funding……[continued]
Finance
Blue Origin Lays Off 10% of its Workforce
Blue Origin laid off 10% of its workforce on Thursday as the launcher shifts from R&D into scaling manufacturing for its launch business.  The company……[continued]
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